Your savings could add up to significant amounts

Debt consolidation loans allow consumers to transfer the account balances from multiple credit cards or installment loans into a single loan and to make a single monthly payment. For debt consolidation loans to be beneficial, the repayment period should be shorter than what it would be for your existing debts without the loan. Secondly, the interest that you pay over the repayment period should be less than what you would pay with your existing repayment periods. In some cases, a debt consolidation loan may look attractive because it has a significantly lower monthly payment than what you are paying today, but the lower payment might be due to a longer repayment period, which costs you more in interest.

Disclaimer: The accuracy of these calculators and applicability to your circumstances is not guaranteed. Calculators are not a guarantee of credit. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

New Year's Financial Checklist

The New Year is a great time to get started on the path toward financial success. But, before you make any hasty New Year’s financial resolutions, we encourage you to take some time to evaluate your financial situation. Taking some simple steps to better manage your money could make all the difference in improving your financial future this New Year.

You are leaving Black Hills FCU

It's important that you know - you are now leaving Black Hills Federal Credit Union's website. The site you are going to is not operated by the Credit Union, nor is Black Hills Federal Credit Union responsible for the content or availability of linked sites. Please be advised that Black Hills Federal Credit Union does not represent either the third party or you, the member, if you enter into a transaction. Further, the privacy and security policies of the linked site may differ from those practiced by the Credit Union.